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This is the stuff you millionaires in the making need to know to kick start or propel you on your financial fitness journey. Tracey Bissett, Founder of Bissett Financial Fitness and award winning Financial Literacy Champion, gives you the straight goods each week to set yourself up for financial success. As a former executive at TD Bank, one of Canada's Big 5 Banks, Tracey has worked with and in support of thousands of individuals and entrepreneurs to secure the financing they needed.  This hands on experience combined with her formal financial education, Masters of Business Administration and Chartered Financial Analyst designation, position Tracey uniquely to coach all things money. Tracey goes behind-the-scenes of all the money matters with need-to-know tips, money-making demystified, and special power-player interviews. Join us weekly for Financial Fitness Training that will turn even a Cash Couch Potato into a Marathon Money Maker.

Jan 14, 2020

Barry Choi is a travel and personal finance expert and the founder of Money We Have, a travel website and blog that advises on budget travel, trending destinations, millennial money, and credit cards. Based in Toronto, Barry is frequently quoted by the Canadian and U.S. media. He has made appearances on the Marilyn Denis Show, CTV's Your Morning, and Breakfast Television

 

Barry joins me today to share tips on how to travel on a budget. He reveals how to make smart choices with your planning time and travel dollars and highlights the importance of doing your research and due diligence when making travel plans. He explains how you can earn rewards by using travel credit cards and loyalty programs, how to save for your trip, and how to create a budget. He also shares the travel mistakes to avoid and the most popular destinations for Canadian travel enthusiasts.




“It's not about being as cheap as possible with your travel; it's about being smart with your dollars and time.” - Barry Choi




This Week on Young Money:

 

  • The importance of doing your due diligence and taking charge of your finances
  • How to make smart choices with your travel dollars and time
  • Earning points with travel credit cards or loyalty programs
  • The most popular travel destinations for Canadians
  • The importance of researching multiple destinations
  • The biggest mistakes travelers typically make
  • What you should be spending your travel dollars on
  • How to save for travel and create a travel budget



Key takeaways:

 

  1. Be smart with your dollars and time
  2. Use credit cards and loyalty programs to your advantage
  3. Research more than one destination
  4. Don't be too cheap
  5. Travel isn't as expensive as you think



Resources Mentioned:

 



Connect with Barry Choi:

 




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